Aspen Group, Inc. · OTC:ASPU
Aspen — Investor Presentation (October 2012)
15 slides from Aspen's investor presentation, Oct 4, 2012
Slide 1: Aspen Group, Inc.
1 Aspen Group, Inc. 1 OTCBB: ASPU October 4, 2012
Slide 2: Aspen University Snapshot
2 Aspen University Snapshot: 2 — Nationally Recognized & Accredited Online University — Highly differentiated Graduate University (88% Graduate Students*) — 2,242 students (end-Q2) — Nursing and Business Schools key to future growth — Offers breadth and depth of academic disciplines (Doctorate, Mast
Slide 3: What Are The Criticisms Of The For-Profit Education Sector?
3 What Are The Criticisms Of The For- Profit Education Sector? 3 — Weak Graduation Rates — High Tuition Rates — High Cohort Default Rates — Reliance on 3 rd party lead generation firms which drives lower quality students and high enrollment costs — Nearing Title IV 90/10 Revenue Limit Many fear that
Slide 4: Aspen's Differentiated Business Model
4 Aspen’s Differentiated Business Model 4 Post-Graduate Degree Focus (MBA and MSN largest programs) $1,050/course Vertically-Integrated (among lowest in sector) Student Acquisition (all internet marketing in-house, no use of 3 rd party lead gen firms)
Slide 5: Aspen Competitive Advantages: Graduate Program Focus
5 Aspen Competitive Advantages: Graduate Program Focus 5 The Aspen Difference - Graduate Focus Delivers Industry Leading Metrics: — Exceptional adjunct faculty (67% hold a Doctorate) — High course completion rates (81%) — Strong graduation rates (56%) — Among highest graduate employment rates (91%)
Slide 6: Competitors' Exposure to Title IV 90/10 Rule
6 Aspen Competitive Advantages: Competitors’ Exposure to Title IV 90/10 Rule (Aspen Currently at 7.1%) 6
Slide 7: Aspen University Cost Comparison for MBA Program
7 Aspen University Cost Comparison for MBA Program $12,600
Slide 8: Aspen's Nursing Program Is An ROI Story
8 Aspen’s Nursing Program Is An ROI Story 8 Aspen offers RNs the ability to obtain an MSN for less than $20,000: — RNs begin with 7-course RN-to-MSN Bridge Program ($7,200) — Thereby bypassing requirement for BSN degree — Upon Bridge Program completion, matriculate to 12-course MSN Program ($10,800)
Slide 9: Vertical Integration Marketing Strategy
9 Vertical Integration Marketing Strategy 9 • Work only with internet publishers directly (no use of 3 rd party lead gen firms) • Average Cost/Lead = $80 • Cost/Enrollment <$1,250 • All internet advertising campaigns are Aspen branded; primarily advertising MBA and MSN programs - that’s how we’re ab
Slide 10: Aspen Group: 2012 - 2014 Forecast
6,000 5,000 4,000 3,000 1,000 Aspen Group: 2012 - 2014 Forecast 2012 3Q 2013 —Fulltime Students 3Q 2014 3a == Revenues ($, 000) 100% 50% 0% 50% 100% 150%
Slide 11: Capitalization Table (9/28/12)
11 Cap Table 11 Aspen Group, Inc. Capitalization Table (9/28/12) Outstanding % Total Shares 54,282,187 86% Warrants 7,244,854 11% Options 1,710,000 3% Fully Diluted Shares 63,237,041 100% - of which Directors & Officers 12,215,427 19% Free trading Shares 5,760,000 9%
Slide 12: Summary
12 Summary 12 — CEO with record of private to public successes (ICLK, ACOM, CKSG) — Defendable, differentiated and insulated business model from current and future legislation and regulations — Project achieving EBITDA profitability during 2013
Slide 13: Appendix
13 Appendix 13
Slide 14: Chairman & CEO Bio Highlights
14 Chairman & CEO Bio Highlights 14 Michael Mathews, former CEO - interCLICK, Inc. (Nasdaq: ICLK), acquired by Yahoo! last December for $270mm — Former President:Europe of AGENCY.COM, 1998-2001 (Nasdaq: ACOM - IPO 1999) — Former Operating Head at CKS Group, 1994 - 1998 (Nasdaq: CKSG - IPO 1995), sol
Slide 15: Management Team
15 Management Team 15 — Aspen University — Michael Mathews, Chairman and CEO — Gerry Williams, Academic President — Brad Powers, CMO — David Garrity, CFO — Angee Siegel, EVP, Marketing